v3.26.1
Business Combinations
6 Months Ended
Jun. 30, 2026
Business Combination [Abstract]  
Business Combinations

NOTE 7 BUSINESS COMBINATIONS

During the six months ended June 30, 2026, the Company completed the acquisitions of three outpatient mental health practices for an aggregate purchase consideration of $13,072. The aggregate purchase consideration consisted of cash of $9,426 and contingent consideration with a fair value of $3,646. The Company accounted for the acquisitions as business combinations using the acquisition method of accounting. The purchase price was allocated to the tangible and intangible assets acquired and liabilities assumed based on their estimated fair values as of the respective acquisition dates.

The purchase price allocations resulted in $11,210 of goodwill and $1,032 of acquired identifiable intangible assets related to regional trade names and non-competition agreements. Goodwill is primarily attributable to the assembled workforce, customer and payor relationships and anticipated synergies and economies of scale expected from the integration of the businesses. All goodwill is deductible for tax purposes.